February 14, 2012

Glasgow Rangers Football Club Enter Administration: Winners of 54 Scottish Championships, 60 Scottish cup competitions and a European Cup Winners Cup, Rangers choose to enter administration on their own terms before HMRC could force the club to accept an Administrator of Her Majesty's choosing over tax debts.

They will almost certainly suffer a ten point penalty as a result, effectively handing the Scottish title to main rivals Celtic.

Glasgow clubs Rangers and Celtic dominate Scottish football to the extent that no one else has been crowned the country's champion since Aberdeen in 1984/85. Celtic claim they don't need Rangers despite the threat of the SPL becoming a one horse race.

If you go down to Ibrox today, youre' sure of a big surprise,If you go down to Ibrox today you'll never believe your eyesCos super Ally has no cashand soon no place to sing the sashToday's the day the teddy bears had their pitch nicked.

This, and Portsmouth. The upcoming UEFA finance rules should also see a few more go to the wall.

Although in The Huns' defence, they appeared to be simply doing what Arsenal did a few years ago. In that case The Revenue objected, and Arsenal paid what they owed. I guess there's no cash lying around at Ibrox.

Being in Administration may make Rangers ineligible to play in the Champions League. There was an FAQ on BBC Sport yesterday explaining the possibilities. Pretty sad that this would happen to a club that plays in Europe every season.